Romania Real Estate Market Outlook 2020

Romania’s investment volume broke the one-billion-euro barrier and totalled at the end of 2019 EUR 1.06 bln. , finally surpassing the previous peak volume reached 5 years ago. The year-end total investment volume is with 7% higher than the figures registered in 2018 reflecting an upward trend since 2015. The average deal value for the entire year stands at EUR 29 mln. similar to previous year’s average value.

The modern office stock reached 3.2 mln. sq m at the end of 2019, as approx. 293,000 sq m were added to the stock throughout the year.

Romania’s modern retail stock reached 3.75 mln sq m at the end of 2019, 32% of the total amount is located in Bucharest while the remaining is placed throughout the country.

Romania modern industrial stock at the end of 2019 gathers 4.3 mln. sq m as the yearly new supply totalled 477,000 sq m.